Brazil DI interest rate futures rise in morning trading

Brazilian interest rate futures (DI) advanced in early trading on Tuesday, September 22, 2026. The domestic move diverged from foreign fixed-income markets, which saw lower risk premiums amid falling oil prices and easing tensions between the United States and Iran.

Without a clear domestic catalyst for deterioration, the rise in local yields corrected excesses from recent sessions. Traders also monitored the minutes from the latest meeting of the Central Bank of Brazil's Monetary Policy Committee (Copom), which reinforced expectations that continuing the Selic rate cut cycle remains the baseline scenario. In addition, the market awaited a 10:00 address at the opening of the UN General Assembly by President Luiz Inácio Lula da Silva.

Around 9:25, the January 2027 DI rate rose from the previous settlement of 13.545% to 13.55%. The January 2028 contract climbed from 13.53% to 13.555%. The January 2029 rate increased from 13.71% to 13.77%, while the January 2031 contract rose from 13.91% to 13.975%.